Foxconn Preparing Offer for Toshiba Chips

Spetember 7th, Foxconn speakersman Louis Woo told the Press that the Company’s offer to acquire Toshiba Chips has been receiving support from Apple, SoftBank and Sharp. Although the details of the offer remains unknown, according to informed sources, Foxconn and its partners are to offer USD18.4 billion for the deal, higher than the price offered by the group formed by Western Digital, Bain Capital and SK Hynix.